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Conagra reports better-than-expected Q1 margins amid turnaround
The company also cut its dividend to help fund its turnaround, while Q1 results included improved margins and reduced debt.
Conagra posted better-than-expected Q1 FY2027 margins as part of its ongoing turnaround, according to MarketBeat Ratings.
The outlet also noted that Conagra reduced its debt and cut its dividend to support the turnaround, while reporting a roughly 5% yield.
Analysts cited in the piece maintained a Reduce rating on the stock even after the quarterly margin beat.
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MarketBeat RatingsConagra’s Turnaround Is Starting to Show Up in the Numbers